Linkers Industries Limited (NASDAQ:LNKS – Get Free Report) was the target of a large growth in short interest in May. As of May 15th, there was short interest totaling 715,351 shares, a growth of 468.9% from the April 30th total of 125,740 shares. Based on an average daily volume of 3,147,876 shares, the short-interest ratio is currently 0.2 days. Currently, 44.5% of the company’s stock are sold short.
Linkers Industries Stock Performance
NASDAQ LNKS traded up $0.46 during trading on Thursday, hitting $1.84. The stock had a trading volume of 5,066,958 shares, compared to its average volume of 973,629. The company’s 50-day moving average price is $16.03 and its two-hundred day moving average price is $108.44. The company has a current ratio of 4.69, a quick ratio of 3.53 and a debt-to-equity ratio of 0.02. Linkers Industries has a 12 month low of $1.14 and a 12 month high of $420.00.
Linkers Industries (NASDAQ:LNKS – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported ($6.54) EPS for the quarter. The business had revenue of $1.35 million during the quarter.
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on Linkers Industries
About Linkers Industries
Linkers Industries Ltd. is a holding company, which engages in the business of manufacturing, supplying, and selling connectors, assemblies, wire, and cable harnesses. It operates through the following geographical segments: Thailand, Malaysia, Switzerland, the United States of America, and Others. The company was founded on December 8, 2022 and is headquartered in Sungai Petani, Malaysia.
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